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Seib & Wessel: What We’re Reading Friday

Jul 26, 2013 8:45 am ET

By Gerald F. Seib and David Wessel

What We’re Reading

Recommended reading from around the Web:

The remarkably rapid growth that emerging markets have enjoyed in the past two decades was the biggest economic transformation in modern history, Ryan Avent writes. “Its like will probably never be seen again.” The emerging-market growth spurt is almost surely over, he says. [The Economist]

Ron Brownstein writes that beneath the differing views of the Trayvon Martin case lies a political system that similarly and increasingly fractures along racial and generational lines, with Democrats reliant on “overwhelming” support from minorities and a Republican coalition “still almost entirely dependent on the votes of whites, especially older ones.” [National Journal]

Devin Leonard tours the largest construction project in the District of Columbia since the Pentagon was built years ago. The conversion of a campus of an old mental institution, St. Elizabeth’s, into a $4.5 billion, headquarters for the Department of Homeland Security. A decade behind schedule, it’s due for completion in 2026. [Bloomberg Businessweek]